Zero Point Cryogenics secures $2.67 million to help cool quantum computers
The non-dilutive funding came from PrairiesCan and the City of Edmonton’s Edge Fund.
AI
A|I: The AI Times – Cohere had a busy week
Plus: How Apple fell behind in the AI arms race.
Parity closes $26-million CAD Series B round as it eyes new verticals, markets for HVAC optimization software
Startup says it has delivered energy savings across over 65 million sq. ft. of real estate.
French private equity firm Jolt Capital to open North American headquarters in Montréal
Former Scale AI COO Clement Bourgogne will head the deeptech investor’s Canadian operations.
Canada’s AI Global Innovation Cluster invests $31.3 million across 22 projects
Alongside partner participation, Scale AI says the projects represent a $96-million investment.
Surveillance hardware tech startup Vosker secures $171.2 million CAD in debt financing
Startup develops solar-powered remote-monitoring cameras that work without Wi-Fi or electricity.
McRock Capital announces initial $111-million CAD close of third fund
McRock had previously set a $200 million target for Fund III.
Anthropic’s AI chatbot, Claude, is now available in Canada
Anthropic positions itself as the safety-conscious competitor of OpenAI.
A|I: The AI Times – Sam Altman is more powerful than ever
Plus: Can Alberta become the data centre capital of Canada?
Consensus crypto conference coming to Toronto in 2025
More than 15,000 attendees and 550 speakers are at this year’s Consensus Web3 conference in Austin, Texas.
A|I: The AI Times – OpenAI’s “whether you like it or not” philosophy
Plus: Shopify’s Tobi Lütke will help advise Meta’s AI strategy.
Clarius Mobile Health partners with Novartis to deploy ultrasound scanners to Canadian rheumatologists
Clarius’ handheld device will be used to support the early detection of psoriatic arthritis.
CIFAR, CABHI among recipients of more than $850 million in federal science and research funding
Two dozen third-party science and research organizations are being backed by the new Strategic Science Fund.
Artemis closes $2 million CAD to improve data quality for analytics and AI
Indigenous-led Vancouver startup aims to automate data cleanup with AI agents.
Xanadu’s Christian Weedbrook is raising another $200 million to build a quantum data centre
The CEO of Canada’s quantum unicorn is very optimistic about the country’s innovation potential.